MASK NETWORK - MASK/USD - 1H - Technical analysis published on 03/06/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Slightly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 3.51 USD
My targets
3.91 USD (+9.00%)
3.94 USD (+9.75%)
My analysis
The basic trend is currently slightly bullish on MASK NETWORK - MASK/USD and the short term does not seem to show any sign of improvement. Buyers are struggling to get their hands on this instrument. However, as long as the price remains above 3.51 USD, purchases could be favourable. The first bullish objective would be the resistance located at 3.91 USD. Then the price could move towards 3.94 USD. Then 4.32 USD by extension. A return under the support to 3.51 USD could jeopardize this fragile bullish trend. Indecision would then be total and in this case you could keep away.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
5.9
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
MASK NETWORK - MASK/USD rating 3.59 USD. On the day, this instrument gained +8.46% and was traded between 3.22 USD and 3.60 USD over the period. The price is currently at +11.49% from its lowest and -0.28% from its highest.3.22
3.60
3.59
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of MASK NETWORK - MASK/USD in 1H shows an overall slightly bullish trend. 60.71% of the signals given by moving averages are bullish. The overall trend remains fragile, as do the slightly bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 16 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 1 hour
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 2.93 | 3.26 | 3.39 | 3.59 | 3.94 | 4.32 | 4.53 |
| Change (%) | -18.38% | -9.19% | -5.57% | - | +9.75% | +20.33% | +26.18% |
| Change | -0.66 | -0.33 | -0.20 | - | +0.35 | +0.73 | +0.94 |
| Level | Minor | Major | Major | - | Intermediate | Intermediate | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.97 | 3.08 | 3.19 | 3.30 | 3.41 | 3.52 | 3.63 |
| Camarilla | 3.25 | 3.27 | 3.29 | 3.31 | 3.33 | 3.35 | 3.37 |
| Woodie | 2.98 | 3.08 | 3.20 | 3.30 | 3.42 | 3.52 | 3.64 |
| Fibonacci | 3.08 | 3.16 | 3.21 | 3.30 | 3.38 | 3.43 | 3.52 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.73 | 2.42 | 2.82 | 3.51 | 3.91 | 4.60 | 5.00 |
| Camarilla | 2.93 | 3.03 | 3.13 | 3.23 | 3.33 | 3.43 | 3.53 |
| Woodie | 1.60 | 2.35 | 2.69 | 3.44 | 3.78 | 4.53 | 4.87 |
| Fibonacci | 2.42 | 2.83 | 3.09 | 3.51 | 3.92 | 4.18 | 4.60 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.71 | 1.96 | 2.89 | 4.14 | 5.07 | 6.32 | 7.25 |
| Camarilla | 3.22 | 3.42 | 3.62 | 3.82 | 4.02 | 4.22 | 4.42 |
| Woodie | 0.55 | 1.88 | 2.73 | 4.06 | 4.91 | 6.24 | 7.09 |
| Fibonacci | 1.96 | 2.79 | 3.31 | 4.14 | 4.97 | 5.49 | 6.32 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 74.54 | |
| MACD (12,26,9): | 0.0300 | |
| Directional Movement: | 33.51 | |
| AROON (14): | 78.57 | |
| DEMA (21): | 3.41 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.32 | |
| Elder Ray (13): | 0.14 | |
| Super Trend (3,10): | 3.39 | |
| Zig ZAG (10): | 3.53 | |
| VORTEX (21): | 1.1400 | |
| Stochastique (14,3,5): | 88.88 | |
| TEMA (21): | 3.45 | |
| Williams %R (14): | -14.64 | |
| Chande Momentum Oscillator (20): | 0.27 | |
| Repulse (5,40,3): | 2.3100 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0500 | |
| Courbe Coppock: | 8.97 |
| MA7: | 3.61 | |
| MA20: | 3.76 | |
| MA50: | 3.57 | |
| MA100: | 3.17 | |
| MAexp7: | 3.45 | |
| MAexp20: | 3.34 | |
| MAexp50: | 3.34 | |
| MAexp100: | 3.43 | |
| Price / MA7: | -0.55% | |
| Price / MA20: | -4.52% | |
| Price / MA50: | +0.56% | |
| Price / MA100: | +13.25% | |
| Price / MAexp7: | +4.06% | |
| Price / MAexp20: | +7.49% | |
| Price / MAexp50: | +7.49% | |
| Price / MAexp100: | +4.66% |
Quotes :
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Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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